653 SW SHERMAN ST, Portland, OR 97201

  • $492,000

Overview

  • 5
    Bedrooms
  • 2
    Bathrooms
  • 2509 Sqft
    Property Size
  • 1880
    Year Built
  • SingleFamilyResidence, Residential
    Property Type
  • 591548893
    MLS#
  • 0.04 Acres
    Land Area
  • Think Real Estate
    Office Name
  • Charity Chesnek
    Agent Name

Description

Location, location, location – investors and house hackers take note! This turnkey 5-bedroom Victorian in a high demand area has a documented rental history consistently generating over 3k per month. Excellent proximity to both PSU and OHSU campuses entices a large pool of renters and increases rental value – not to mention presenting opportunities for mid-term rentals. Large common areas like the spacious living room and updated kitchen with quartz countertops and newer stainless steel appliances make this charming Victorian a perfect fit for group living. Other perks include two updated bathrooms on the main and an in-unit laundry room, plus an extremely low-maintenance yard and an impressive history of maintenance, repairs and updates including but not limited to: a new sewer line in 2023, new furnace 2023, much of siding replaced with hardiplank, partial roof replacement 2020, upgraded electrical service, newer flooring and more. All just a short walk from PSU, OHSU and attractive local amenities like the PSU farmer’s market and the Duniway Park track, with inspiring city views, a Mt Hood view from the primary, excellent public transit (Transit Score 87) and a desirable school district. Come tour your next great investment! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010174]

Details

Updated on September 18, 2026 at 7:55 pm
  • MLS# 591548893
  • Price $492,000
  • Property Size 2509 Sqft
  • Land Area 0.04 Acres
  • Bedrooms 5
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1880
  • Property Type SingleFamilyResidence, Residential
  • Property Status Active
  • Office Name Think Real Estate
  • Agent Name Charity Chesnek
  • Office Phone 503-847-2722

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Heating Forced Air95Plus
  • County Multnomah
  • Property Type Residential
  • Parking On Street
  • Elementary School Ainsworth
  • Middle School West Sylvan
  • High School Lincoln
  • Architectural Style Victorian

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